2 Large Cap Mutual Funds Have Given SIP Returns Of Nearly 31.80% In 3-Years

Nippon India Large Cap Fund and HDFC Top 100 Fund are among top large cap mutual funds that have performed well in the last three years. Both the large cap schemes SIP returns are above 25%. Crisil has given them a 5-star rating to both the large cap equity mutual funds. The details are given below.

Nippon India Large Cap Fund
If you had done a SIP of Rs 10,000 in Nippon India Large Cap Fund three years ago, you have gained a return of 26.62% and built a corpus of Rs 4.55 lakhs for a total investment of 3.6 lakhs. A minimum SIP of Rs 100 is possible in this large equity fund under growth and direct plans.

Nippon India Large Cap Fund under direct plan has given absolute return of 129.12% in 3-years, 81.83% in 5-years and 334.93% in 10-years. While the annualised return for same time periods is 31.83%, 12.67% and 15.81% respectively.

The scheme has invested 74.63% percent of its equity portfolio (99.12%) into large cap companies.
Nippon India Large Cap Fund holds heavyweights like Reliance, Larsen & Toubro, Housing Development Finance, ICICI Bank and HDFC bank as top 5 holdings, which constitute 32.33% of the portfolio. It holds total 58 stocks in the portfolio.

Being an equity scheme it is a high risk investment proposition based on its risk ratios. It has a high beta of 1.07 and its sharpe ratio of 0.66 and sortino ratio of 0.74 are below 1.

HDFC Top 100 Fund
Doing a monthly SIP of Rs Rs 10,000 in HDFC Top 100 Fund three years ago, would have fetched you a return of 31.80% and built a corpus of Rs 4.74 lakhs for a total investment of 3.6 lakhs. A minimum SIP of Rs 100 is possible in this large equity fund under growth and direct plans.

HDFC Top 100 Fund under direct plan has given annualised return of 29.57% in 3 years, 12.08% in 5 years and 14.05% over 10-years. While the absolute returns for same time periods are 117.54%, 77.09% and 273.01% respectively.

HDFC Top 100 Fund holds total 50 stocks in its equity portion (95.4%) of the portfolio ofwhich 78.06% is in large cap stocks. Its top 5 stock holdings are ICICI Bank, HDFC Bank, Reliance, Infosys and Housing Development Finance which constitute 35.86% of the equity portfolio. This large cap scheme has 4.6% of cash holdings and no debt holdings.

The scheme is high risk investment proposition based on its risk ratios. It has high Beta of 1.07, while its Sharpe ratio of 0.66 and 0.74 are below 1.

Beta indicates the movement of a stock in relation to the overall market movement. If it is less than 1, it points that the fund is less volatile than the market. Sharpe ratio tells you about, how the scheme performs and how much is it willing to take the risk for high returns. Sortino Ratio focuses only on the downside risk of the portfolio.

Disclaimer
Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.